Stablecoins Need Standard-Setting Effort, U.S. Banking Watchdog Suggests

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Stablecoins Need Standard-Setting Effort, U.S. Banking Watchdog Suggests

“To ensure that stablecoins are open and inclusive, I believe a standard setting initiative similar to that undertaken by [the Internet Engineering Ta

“To ensure that stablecoins are open and inclusive, I believe a standard setting initiative similar to that undertaken by [the Internet Engineering Task Force] and [World Wide Web Consortium] needs to be established, with representatives not just from crypto/Web3 firms, but also including academics and government,” Hsu said in a statement issued by the OCC on Wednesday.

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